Non-bank lenders lend more

Published: Thursday, February 21, 2013 at 1:00 a.m.

Last Modified: Wednesday, February 20, 2013 at 8:37 p.m.

MANATEE COUNTY - This community's top non-bank mortgage lenders issued 23 more loans during January, with the dollar value about equal.

Lenders made 211 loans totaling $39.4 million last month. That compared with 188 valued at $40.3 million in December.

MSC Mortgage, an arm of the regional brokerage Michael Saunders & Co., missed making the top 10 list for the first time since June. The company made seven mortgages for a total of $1.3 million in Manatee County during January.

Top on the overall list was Quicken Loans, with 82 transactions worth $14.5 million. Second was the Real Estate Mortgage Network, with 28 loans for $4.6 million, while third was Fairway Funding Group, with 21 loans totaling $4.3 million.

<p><em>MANATEE COUNTY</em> - This community's top non-bank mortgage lenders issued 23 more loans during January, with the dollar value about equal.</p><p>Lenders made 211 loans totaling $39.4 million last month. That compared with 188 valued at $40.3 million in December.</p><p>MSC Mortgage, an arm of the regional brokerage Michael Saunders & Co., missed making the top 10 list for the first time since June. The company made seven mortgages for a total of $1.3 million in Manatee County during January.</p><p>Top on the overall list was Quicken Loans, with 82 transactions worth $14.5 million. Second was the Real Estate Mortgage Network, with 28 loans for $4.6 million, while third was Fairway Funding Group, with 21 loans totaling $4.3 million.</p><p>Fourth was PHH Home Loans (18 loans, $3.46 million) and Sunbelt Lending (an identical 18 loans, $3.46 million).</p><p>Rounding out the list was FBC Mortgage (13, $2.5 million), Freedom Mortgage (10, $1.8 million), Platinum Mortgage (8, $1.64 million), Roundpoint Mortgage (5, $1.56 million) and Taylor Morrison Home Funding (8 loans, $1.54 million).</p>